GDP / Output
+3.2% YoY
62
$2.1B
Output changed +3.2% in 2024.
Vintage date unknown
State growth3.1%
U.S. growth5.3%
Jobs
Unemployment rate
99
1.8%
Unemployment is 1.8% for Latest available.
Vintage date unknown
State avg2.0%
U.S. avg5.2%
Population
+3.6% 5-year
71
23,044
Population moved +3.6% over the latest ACS window.
Vintage date unknown
State population907,428
U.S. population334,922,499
Housing
Rent share of income
77
16.2%
Median rent consumes 16.2% of median household income: Affordable.
Vintage date unknown
State rent$946
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
Federal Funds
$7.3K per resident
94
$207.5M
$207.5M in federal obligations flowed here in FY2025.
Vintage date unknown
State total$11.5B
U.S. total$5.3T
Population and output
Trend Snapshot
Reported share
Industry Breakdown
FY2025
Federal Money
Federal obligations
$207.5M
$7.3K per resident in reported federal flow.
Top agencies
Dollars1. Social Security Administration$149.4M
2. Department of Veterans Affairs$16.4M
3. Department of Agriculture$15.3M
Top recipients
Dollars1. REDACTED DUE TO PII$13.7M
2. CITY OF WATERTOWN$6.3M
3. KEY LIME AIR CORPORATION$5.6M
Affordable
Housing Affordability
16.2%
of median income
1BR estimate$772
2BR estimate$1,017
Median income$69,600
Median home value$229,400
ACS context
Quick Facts
Population
23,044
Median age
39.5
Bachelor's degree+
21.6%
Poverty rate
9.0%
Labor force participation
67.5%
Prime rate
6.8%
CPI YoY
+3.2%
U.S. GDP YoY
+6.5%
Sources and warnings
Data Provenance
Census ACS 5-year
2024
BLS LAUS / CPS
Latest available
BEA regional CAGDP1
2024
USAspending
FY2025
FRED
2026-07-30
HUD Fair Market Rent
Latest available
Data notes
- HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.
5-year compound growth
Historical Trends
Population CAGR
+0.7%
GDP CAGR
+5.8%
Federal flow
5 years
Population (5 years)
202022,249
202122,577
202222,718
202322,859
202423,044
GDP (5 years)
2020$1.6B
2021$1.7B
2022$1.9B
2023$2.0B
2024$2.1B
2-year linear forecast
Predictive Outlook
Population forecast
202423,044
202523,251 *
202623,438 *
R² = 96.8% · * projected
GDP forecast
2024$2.1B
2025$2.3B *
2026$2.4B *
R² = 97.9% · * projected
Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.
housing affordability breakdown
Cost of Living
Median household income$69,600/yr
Median rent$942/mo
Rent share of income16.2%
Est. mortgage (30yr, 6.5%)$13,920/yr
Mortgage share of income20.0%
Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.
employment snapshot
Job Market
Unemployment rate1.8%
State avg2.0%
U.S. avg5.2%
Labor force participation67.5%
Poverty rate9.0%
Data from BLS LAUS / CPS. Latest available.
valuation snapshot
Real Estate
Median home value$229,400
Median monthly rent$942
Price-to-rent ratio20.3x
High price-to-rent ratio — renting may be more economical than buying in this market.
composite score
Investment Climate
Investment climateStrong
Composite score78/100
Economic growth62/100
Labor market99/100
Population momentum71/100
Overall stability81/100
Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.